PHILING
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 15-07-1999 · last publication under the heading End on 31-12-2015
- Activity
- No activity registered in the KBO
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts to 30-06-2015
- Gross margin
- -€4,499
- ▲ 73.1%
- Loss
- €357,566
- Equity
- €1.1m
- ▼ 24.4%
- Total assets
- €1.6m
- ▼ 60.3%
Financials
Financials · financial year 2015, full format
Annual accounts 2015 filed on 12-01-2016 PDF all 17 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€357,566
2014 · €44,409
Working capital
€938,528▲ 64.2%
2014 · €571,439
Multi-year overview
2011 to 2015, 5 financial yearsOperating result
-€8,054
▲ 87.9%
2015
20112015
Net result
-€357,566
2015
20112015
Equity
€1.1m
▼ 24.4%
2015
20112015
Total assets
€1.6m
▼ 60.3%
2015
20112015
Debt
€538,422
▼ 80.0%
2015
20112015
Working capital
€938,528
▲ 64.2%
2015
20112015
Staff (FTE)
no figure
2015
20112015
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20112012201320142015
Operating result-€0.1m--€0.09m▲ 12.1%-€0.07m▲ 20.2%-€0.07m▲ 5.5%-€0.008m▲ 87.9%
Net result€0.4m-€0.3m▼ 29.0%€10.8m▲ 36×€0.04m▼ 99.6%-€0.4m
Equity€8.6m-€8.9m▲ 3.5%€1.4m▼ 84.0%€1.5m▲ 3.1%€1.1m▼ 24.4%
Total assets€12.7m-€12.5m▼ 1.1%€20.5m▲ 63.6%€4.2m▼ 79.8%€1.6m▼ 60.3%
Debt€4.1m-€3.7m▼ 10.8%€19.1m▲ 423%€2.7m▼ 85.9%€0.5m▼ 80.0%
Working capital€0.3m-€0.2m▼ 35.3%-€16.7m€0.6m€0.9m▲ 64.2%
Staff (FTE)0.50.5=0.5=
The operating result for 2015 is a loss of €8,054, smaller than the loss of €66,782 in 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €1.6m
Fixed assets
€170,554 ▼ 80.9%
Current assets
€1.5m ▼ 54.7%
Equity and liabilities €1.6m
Equity
€1.1m ▼ 24.4%
Debt
€538,422 ▼ 80.0%
Debt's share of the balance-sheet total falls from 64.7% to 32.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€6,852▲
2014 · -€36,539
Cash flow
-€356,364▼
2014 · €74,652
Current ratio
2.74▲
2014 · 1.21
Quick ratio
2.58▲
2014 · 1.19
ROE
-32.2%▼
2014 · 3.0%
ROA
-21.7%▼
2014 · 1.1%
Debt ≤ 1 year
€538,422▼
2014 · €2.7m
Income taxes
€1,589▲
2014 · -€169,572
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.03m | €0.04m | €0.03m | €0.001m | ▼ 96.0% |
| Gross operating margin9900 | -€0.06m | -€0.03m | -€0.009m | -€0.02m | -€0.004m | ▲ 73.1% |
| Operating profit (loss)9901 | -€0.1m | -€0.09m | -€0.07m | -€0.07m | -€0.008m | ▲ 87.9% |
| Recurring financial income75 | €0.6m | €0.6m | €0.7m | €0.001m | €0.002m | ▲ 18.1% |
| Recurring financial charges65 | €0.04m | €0.06m | €0.02m | €236 | €0.001m | ▲ 255% |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.3m | €10.9m | -€0.1m | -€0.4m | ▼ 184% |
| Income taxes67/77 | - | -€0.003m | €0.2m | -€0.2m | €0.002m | - |
| Profit (loss) for the period9904 | €0.4m | €0.3m | €10.8m | €0.04m | -€0.4m | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.3m | €10.8m | €0.04m | -€0.4m | - |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12.7m | €12.5m | €20.5m | €4.2m | €1.6m | ▼ 60.3% |
| Fixed assets21/28 | €10.7m | €10.8m | €18.1m | €0.9m | €0.2m | ▼ 80.9% |
| Tangible fixed assets22/27 | €0.9m | €0.9m | €0.9m | €0.9m | €0.2m | ▼ 81.6% |
| Financial fixed assets28 | €9.8m | €9.9m | €17.2m | €0.008m | €0.007m | ▼ 7.3% |
| Current assets29/58 | €2.0m | €1.7m | €2.4m | €3.3m | €1.5m | ▼ 54.7% |
| Stocks and contracts in progress3 | €0.06m | €0.05m | €0.07m | €0.05m | €0.09m | ▲ 62.9% |
| Amounts receivable within one year40/41 | €0.8m | €0.3m | €1.8m | €0.6m | €0.6m | ▲ 3.6% |
| Current investments50/53 | €0.4m | €1.0m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.7m | €0.3m | €0.6m | €2.6m | €0.8m | ▼ 71.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12.7m | €12.5m | €20.5m | €4.2m | €1.6m | ▼ 60.3% |
| Equity10/15 | €8.6m | €8.9m | €1.4m | €1.5m | €1.1m | ▼ 24.4% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €8.4m | €8.7m | €1.3m | €1.3m | €1.0m | ▼ 27.1% |
| Amounts payable17/49 | €4.1m | €3.7m | €19.1m | €2.7m | €0.5m | ▼ 80.0% |
| Amounts payable after more than one year17 | €2.4m | €2.1m | - | - | - | - |
| Amounts payable within one year42/48 | €1.7m | €1.5m | €19.1m | €2.7m | €0.5m | ▼ 80.0% |
| Trade debts44 | €0.005m | €0.01m | €0.04m | €97 | €0.01m | ▲ 134× |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.3m | €10.8m | €0.04m | -€0.4m | - |
| + Depreciation and write-downs630 | €0.03m | €0.03m | €0.04m | €0.03m | €0.001m | ▼ 96.0% |
| Operating cash flow (approximation) | €0.5m | €0.3m | €10.8m | €0.07m | -€0.4m | - |
| Investment in fixed assets (approximation) | - | -€0.2m | -€7.3m | €17.2m | €0.7m | ▼ 95.8% |
| Change in cash | - | -€0.4m | €0.2m | €2.0m | -€1.8m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2015 | full format | 12-01-2016 | 2016-01300186 | |
| 30-06-2014 | full format | 25-02-2015 | 2015-04900572 | |
| 30-06-2013 | full format | 17-02-2014 | 2014-04100570 | |
| 30-06-2012 | full format | 13-02-2013 | 2013-03700556 | |
| 30-06-2011 | full format | 14-02-2012 | 2012-03300594 | |
| 30-06-2010 | full format | 14-02-2011 | 2011-03200282 | |
| 30-06-2009 | full format | 29-01-2010 | 2010-03400186 | |
| 30-06-2008 | full format | 23-01-2009 | 2009-02000136 | |
| 30-06-2007 | full format | 10-01-2008 | 2008-01000256 | |
| 30-06-2006 | full format | 11-01-2007 | 2007-01103908 |
Timeline
Acts, filings and financial milestones
2016
12-01
full format · 19 days before the deadline
2015
31-12
30-06
Financial
Weakest financial yearnet -€357,566
The net result drops to -€357,566, the lowest from 2011 to 2015.
30-06
Financial
Liquidity more than doubledcurrent ratio 2.74
The current ratio rises from 1.21 to 2.74. Short-term debt falls from €2.7m to €538,422.
25-02
full format · 25 days late
2014
30-06
Financial
Liquidity more than 9 timescurrent ratio 1.21
The current ratio rises from 0.13 to 1.21. Short-term debt falls from €19.1m to €2.7m.
17-02
full format · 17 days late
2013
30-06
Financial
Highest result from 2011 to 2015net €10.8m ▲3,450%
The net result of €10.8m is the highest of those years.
13-02
full format · 13 days late
2012
14-02
full format · 14 days late
2011
14-02
full format · 14 days late
2010
29-01
full format · 2 days before the deadline
Show earlier events
2009
23-01
full format · 8 days before the deadline
2008
10-01
full format · 21 days before the deadline
2007
11-01
full format · 20 days before the deadline
1999
15-07
Gazette deed
Incorporation
17 publications in the Belgian Official Gazette, the last on 31-12-2015
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Inactive
Inactive
PHILING is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 30 June 2015
- Last registered office
- Chaussee De Louvain 431A, 1380 Lasneas published on 31 December 2015
- Legal form
- Public limited company
- First annual accounts
- financial year 1999